FX Industry Honors Memory of David Hitchens with Memorial Fund

The foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term industry mourns the passing of one of its own, David Hitchens, the acting Head of FX in Europe, Middle East, and Africa at Jefferies, at the age of 42. In his memory, a fund has been set up to help benefit his children.

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He leaves behind four children, all under the age of 18. To help honor his legacy, his colleagues and friends at Jefferies and throughout the industry have installed an education fund to benefit his children. Presently the fund has raised nearly $16,000 in a single day, targeting a goal of $200,000.

Mr. Hitchens originally joined Jefferies back in late 2015, having worked as its Head of FX – EMEA in London for over a year. He has been a mainstay in the FX industry for over two decades, dating back to 1997.

Prior to working at Jefferies, he also founded and headed Alacrity FX in 2011, together with Stephane Coquillaud. Additional roles also include stints at UniCredit as the Global Head of G10 Vanilla Trading, Global Head of FX Options at TD Ameritrade, as well as similar roles at Credit Agricole, and Bank of America, according to information made public on his Linkedin profile.